Business Studies

Business Studies 2019-05-27T13:57:51+02:00

Tradition | Excellence | Opportunity

The Grey Vision
Grey remains as one of the leading schools in the country, with a culture and value system that support its fine heritage. Grey is recognised for its competitiveness and excellence in academic, sporting and cultural activities, as well as for its ability to consistently produce leaders.
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Staff

Subject Head
Richard Gilbert: BA, GEPC
Click here to email Richard Gilbert.

Beän van Eeden: BEd (Hons) (NMMU)
Click here to email Beän van Eeden.

Benji Ekron
Click here to email Benji Ekron.

Zaine Marx
Click here to email Zaine Marx.

Overview

Since being offered at the start of 2006, Business Studies has grown and become a popular choice of pupils in the FET phase.
Some of the areas that Business Studies focuses on are as follows :

Knowledge and understanding of the environment within which business activity takes place;
The major groups and organizations within and outside of business;
Roles and purposes of business activity in both the public and private sectors;
How the main types of business and commercial institutions are organized, financed and operated.

Students in Grade 10, 11 and 12 , are encouraged to take part in the annual Liberty Life JSE Schools challenge. Teams are entered and compete against each other and many other teams throughout the country in a simulated stock exchange game. The game runs from March to September as teams attempt to maximize profit by trading shares and securities.

Brief Policy

To ensure that all students acquire and apply essential business knowledge, skills and principles to productively and profitably conduct business in changing business environments. Create business opportunities, creatively solve problems and take risks, respecting the rights of others and environmental sustainability.

Apply basic leadership and management skills and principles while working with others to accomplish business goals. Be motivated, self-directed, reflective lifelong learners who responsibly manage themselves and their activities while working towards business goals. Be committed to developing others, as well as self, through business opportunities and ventures.

Homework

Homework will be set as often as possible, every day if necessary. Grade 12 students will also be expected to complete old exam questions, as part of their revision on work previously covered, while exemplars provided by the education department should also be worked through as part of revision. Any homework not done should be followed up and punished suitably by the teacher concerned.

Grade 10 Information

Curriculum

  • What is an entrepreneur?
  • Entrepreneurship and the creation of new ventures
  • The business environment
  • Identifying opportunities
  • The SWOT analysis
  • Preparing the business plan
  • Sourcing finance
  • Building the entrepreneurial team
  • Business functions
  • Management
  • A close look at purchasing
  • A close look at public relations
  • A close look at administration
  • A close look at financing
  • Contracts in the business environment
  • Research techniques
  • Creativity and problem solving
  • Self-management
  • Linking personal strengths to business careers
  • Business objectives, diversity and teamwork
  • The socially responsible entrepreneur
  • Business cycles

Tests and Forms of Assessment

Term 1    2 standardised class tests; 1 presentation task
Term 2    1 standardised class test; 1 June Examination;
Term 3    2 standardised class tests; 1 task; 1 project
Term 4    1 November Examination

Examinations

Examinations are written in June and November (both set internally and marked internally)

Textbooks

Business Studies for all, Grade 10

Grade 11 Information

Curriculum

  • Improving our business environment
  • Establishing business interests
  • Working with a business plan
  • Business related information
  • Effective problem-solving
  • Coping mechanisms
  • Making a difference
  • Analysing the marketing function
  • Analysing the production function

Tests and Forms of Assessment

Term 1    2 standardised class tests; 1 project
Term 2    1 standardised class test; 1 June Examination; 1 task
Term 3    2 standardised class tests; 1 presentation task
Term 4    1 November Examination

Examinations

Examinations are written in June (internal) and November (set externally marked internally)

Textbooks

Dynamic Business Studies, Grade 11

Grade 12 Information

Curriculum

Business environments

  • Strategic planning
  • Corporate social investment
  • Legislation
  • Controlling environments

Business Ventures

  • Is this a good business?
  • Is this a caring business?
  • Business Investments
  • Choosing the right form of ownership

Business Roles

  • Using creative thinking to respond to challenges business
  • Ethical and professional behaviour
  • Leadership vs management
  • Conflict management theories
  • Researching careers in business
  • Teamwork and performance

Business operations

  • The human resources function
  • Industrial relations
  • Performance affects results

Tests and Forms of Assessment

Term 1    2 standardised class tests; 1 group presentation task
Term 2    2 standardised class test; 1 June Examination; 1 project
Term 3    2 standardised class tests; 1 task
Term 4    1 November Examination

Examinations

Examinations are written in June (internal), September (set externally but marked internally) and November (set and marked externally)

Textbooks

New Era, Grade 12
Workbooks for each of these textbooks are available from Pickwick Books

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